The Big Picture

DECEMBER 5, 2023

And that was very important because when this was the dawning of what is now a big analyst program across the country in all banks and investment banks. How did those experiences lead to a career in private equity? There was no m and a departments in any investment bank really until the very late seventies.

Private Equity Firms 69

Private Equity Firms Private Equity Firms Mergers and Acquisitions Debt 69

The Big Picture

JUNE 13, 2023

You went to school in Paris, but you began your career in London at Merrill and Deutsche Bank. So that was a while back, but nonetheless, I don’t know if it was love at first sight, but we got to get along pretty well, and after a few years working for investment banks, he then joined Goldman Sachs. We were 28, 30 respectively.

Banks 59

Banks Asset Management Assets Capital 59

Pension Pulse

JULY 4, 2023

A similar process was used when the energy supplier Bulb collapsed in 2021 and would amount to a temporary renationalisation that would be the biggest since Royal Bank of Scotland and Lloyds Banking Group were rescued at the height of the global financial crisis in 2008. What happened to Bentley? What was Macquarie’s role?

Pension Funds 52

Pension Funds Debt Shareholders Stakes 52

Pension Pulse

AUGUST 17, 2023

Caisse executives said the pension has so far been able to weather trends including tightening credit conditions in the United States and the shift to remote work. In the first half of 2023, higher financing costs hurt the Caisse’s private-equity portfolio, which posted a return of 1.4 Over five years, the annualized return was 9.6

Pension Funds 52

Pension Funds Assets Debt Finance 52

Pension Pulse

JULY 2, 2024

Moving into 2023, he set a goal of reducing the pension’s PE allocation to 18 percent within three years, primarily by selling companies and exiting fund stakes via the secondaries market. These professionals had been trained to spot top private companies and PE funds, rather than to sell their investments.

Pension Funds 59

Pension Funds Buyout Stakes Assets 59

Pension Pulse

MAY 30, 2024

What that means for you is that your Fund is the most invested pension fund in the world in its local economy,” argued Mr. Emond. The Fund is also banking on “major projects”, “major infrastructure projects”, added its manager. There are great public and private companies in that portfolio.

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Assets Pension Funds Private Companies Funds 52

Pension Pulse

FEBRUARY 22, 2024

CDPQ's own public equities portfolio saw its performance "driven by growth stocks, as well as by large positions in Quebec companies, which performed well." The private equity portfolio was affected by interest rate hikes as well as by an increase in financing costs, which affected certain private companies.

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Returns Pension Funds Assets Debt 59

Pension Pulse

JULY 24, 2024

Moving into 2023, he set a goal of reducing the pension’s PE allocation to 18 percent within three years, primarily by selling companies and exiting fund stakes via the secondaries market. These professionals had been trained to spot top private companies and PE funds, rather than to sell their investments.

Pension Funds 59

Pension Funds Buyout Stakes Finance 59

Pension Pulse

DECEMBER 6, 2023

However, some schemes said the higher costs of investing in unlisted companies could push up their own fees and deter investors. Nest, the UK government-backed workplace pension fund, said it preferred proven business models to early-stage venture capital. A final decision will be made next year by parliament.

Pension Funds 59

Pension Funds Investing Assets Banks 59

Pension Pulse

NOVEMBER 3, 2023

Michiel Willams of Net Zero Investor reports OMERS’ sustainability chief on why the C$127bn fund’s green investment spree will not slow down: OMERS, the defined benefit (DB) plan for municipal employees in Ontario, is increasingly positioning itself as one of Canada's greenest pension fund investors. to sell its 24.5%

Pension Funds 59

Pension Funds Investing Hedge Funds Assets 59

Pension Pulse

DECEMBER 21, 2023

I told him I track pension funds very closely and there's no doubt CDPQ is a global leader in sustainable/ responsible investing. The other part that is very important for us and that's where the puck is heading for institutional investors, is the engagement with our portfolio companies.

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Mergers and Acquisitions Assets Pension Funds Leveraging 59

Pension Pulse

OCTOBER 20, 2023

The statement, sent exclusively to the National Post , marks the first time Poilievre has explicitly addressed the issue of Alberta’s proposal to withdraw from the Canada Pension Plan (CPP) and set up its own pension fund. My take: This is a great deal for BCI and Searchlight, a private equity firm BCI seeded.

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Investing Consultants Consulting Debt 59

Pension Pulse

MARCH 14, 2024

ABOUT OPTRUST With net assets of $25 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 111,000 members. Additional information about OPTrust's 2023 strategy and results is available in People.

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Returns Liabilities Assets Debt 59

The Big Picture

APRIL 4, 2023

And what was fascinating about Drexel and kind of the diaspora, if you will, of that era was that we all basically went out looking to take that experience, particularly in high yield and kind of buyouts and financing, and do it at either banks or other investment banks. private — KENCEL: Right. RITHOLTZ: — credit?

Private Equity Firms 59

Private Equity Firms Private Equity Firms Banks Finance 59

The Big Picture

FEBRUARY 28, 2023

I was actually running the Investment Banking Club at BYU, and you know, thought I was interested in that, interested in going to Wall Street. Tell us a little bit about the corporate culture which is decidedly different than the typical Wall Street bank. Look, our parents all had pension funds. LAYTON: Yeah.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

Sara Grillo

FEBRUARY 13, 2023

ESG also aims to promote supposedly the goal of ESG is to promote the growth of companies that are supportive of beneficial practices, which is debatable and we’re going to get to that. 0:44:46.8 : Or it’s like Florida and Louisiana divesting their pension funds from anything BlackRock-related. Impact investing.

Pension Funds 72

Pension Funds Investing Funds Portfolios 72

The Motley Fool

OCTOBER 29, 2024

Second, our progress in developing private capital solutions that cut across product lines and third, our commitment to providing climate solutions that clients need to measure, report and act on decarbonization of investments. In the third quarter, one of our pension fund clients in Europe ceded a $1.6 Please go ahead.

Asset Management 130

Asset Management Assets Hedge Funds Pension Funds 130

Pension Pulse

AUGUST 22, 2023

Paula Sambo of Bloomberg reports Canada Pension Plan Investment Board joins startup at $100 million Reforestation Fund: Canada’s largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region. It’s just that simple.”

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Startups Funds Investing Pension Funds 52

The Big Picture

JUNE 20, 2023

RITHOLTZ: And who’s lending this money to the company? MORGENSON: Could be banks, could be Wall Street, could be private debt folks, but it’s — RITHOLTZ: This is very often securitized and sold off into the market as well? MORGENSON: It can be collateralized loan obligations, now it’s big private debt.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Finance Financing 59

Pension Pulse

FEBRUARY 25, 2025

Nicolas Van Praet of the Globe and Mail reports pension giant Caisse strikes deal to acquire Innergex Renewable Energy: Canadian pension fund giant Caisse de dpt et placement du Qubec has struck a deal to buy Innergex Renewable Energy Inc. The Caisse will pay $13.75 Thats something thats interesting for us, he said.

Pension Funds 59

Pension Funds Shareholders Legal Stakes 59

Pension Pulse

JANUARY 21, 2025

Barbara Shecter of the National Post wrote a comment asking whether the Canadian pension model can survive a new era of politicization: Rachel Reeves, the U.K.s new chancellor of the exchequer, had a goal in mind when she flew to Toronto last August to meet with the heads of some of Canadas largest pension funds.

Pension Funds 59

Pension Funds Assets Banks Funds 59

Pension Pulse

FEBRUARY 11, 2025

I do think theres a path, he said, adding he believes pension involvement in Canadian airports could start almost immediately with investments in adjacent assets such as parking garages and freight services as well as new developments like sustainable aviation fuel facilities that arent core to the business of an airport.

Pension Funds 59

Pension Funds Hedge Funds Stakes Assets 59